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Gold/Mining/Energy : Silver prices
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To: Claude Cormier who wrote (3500)4/1/2001 3:47:41 AM
From: goldsheet  Read Replies (2) of 8010
 
> I don't know this security. Is it a preferrred that pays a dividend in silver

The FCX pfd are complicated, one really needs to read the 10K filing for all of the terms and conditions. I do know, however, the B and C gold convertibles pay a cash dividend based on the price of gold, and the D silver convertible pays a cash dividend based on the price of silver. No dividends are actually paid in metal.

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